NASDAQ:SDIG

Stronghold Digital Mining (SDIG) Stock Price, News & Analysis

$2.83
-0.28 (-9.00%)
(As of 05/10/2024 ET)
Today's Range
$2.83
$3.14
50-Day Range
$2.23
$4.87
52-Week Range
$1.65
$11.56
Volume
277,081 shs
Average Volume
516,607 shs
Market Capitalization
$43.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.83

Stronghold Digital Mining MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
176.8% Upside
$7.83 Price Target
Short Interest
Healthy
4.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.06mentions of Stronghold Digital Mining in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$218,596 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.81) to ($0.70) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Finance Sector

493rd out of 881 stocks

Nondepository Credit Institutions Industry

19th out of 50 stocks

SDIG stock logo

About Stronghold Digital Mining Stock (NASDAQ:SDIG)

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New York.

SDIG Stock Price History

SDIG Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
SDIG Apr 2024 2.500 call
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Today
5/12/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:SDIG
Fax
N/A
Employees
111
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.83
High Stock Price Target
$8.50
Low Stock Price Target
$7.00
Potential Upside/Downside
+176.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-71,400,000.00
Pretax Margin
-57.88%

Debt

Sales & Book Value

Annual Sales
$74.97 million
Cash Flow
$2.34 per share
Book Value
$4.05 per share

Miscellaneous

Free Float
8,028,000
Market Cap
$43.33 million
Optionable
Optionable
Beta
2.70
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SDIG Stock Analysis - Frequently Asked Questions

Should I buy or sell Stronghold Digital Mining stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stronghold Digital Mining in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SDIG shares.
View SDIG analyst ratings
or view top-rated stocks.

What is Stronghold Digital Mining's stock price target for 2024?

2 brokerages have issued twelve-month target prices for Stronghold Digital Mining's stock. Their SDIG share price targets range from $7.00 to $8.50. On average, they expect the company's share price to reach $7.83 in the next year. This suggests a possible upside of 176.8% from the stock's current price.
View analysts price targets for SDIG
or view top-rated stocks among Wall Street analysts.

How have SDIG shares performed in 2024?

Stronghold Digital Mining's stock was trading at $7.30 at the beginning of 2024. Since then, SDIG shares have decreased by 61.2% and is now trading at $2.83.
View the best growth stocks for 2024 here
.

When is Stronghold Digital Mining's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our SDIG earnings forecast
.

How were Stronghold Digital Mining's earnings last quarter?

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) posted its earnings results on Wednesday, March, 6th. The company reported ($1.12) EPS for the quarter, beating analysts' consensus estimates of ($1.22) by $0.10. The business had revenue of $21.74 million for the quarter, compared to the consensus estimate of $22.45 million. Stronghold Digital Mining had a trailing twelve-month return on equity of 27.19% and a net margin of 3.58%.

What ETFs hold Stronghold Digital Mining's stock?

ETFs with the largest weight of Stronghold Digital Mining (NASDAQ:SDIG) stock in their portfolio include Invesco Alerian Galaxy Crypto Economy ETF (SATO).Valkyrie Bitcoin Miners ETF (WGMI).

When did Stronghold Digital Mining's stock split?

Stronghold Digital Mining's stock reverse split on Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has Stronghold Digital Mining issued on next quarter's earnings?

Stronghold Digital Mining updated its first quarter 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $27.5 million-$27.5 million, compared to the consensus revenue estimate of $29.0 million.

When did Stronghold Digital Mining IPO?

Stronghold Digital Mining (SDIG) raised $114 million in an initial public offering on Wednesday, October 20th 2021. The company issued 6,687,305 shares at a price of $16.00-$18.00 per share.

How do I buy shares of Stronghold Digital Mining?

Shares of SDIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SDIG) was last updated on 5/12/2024 by MarketBeat.com Staff

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